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Sri Lanka moves closer to finalising debt restructuring with Japan
Sri Lanka’s Cabinet approved a debt restructuring agreement with JICA, following bipartisan negotiations and legal clearance, aiming to boost investor confidence and secure further international financial support....
2025-02-06
Daily FT
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Economy to shrink by 4.2% in 2023 – WB
The World Bank (WB) on Tuesday cut Sri Lanka’s growth prospects by 0.5 percentage points to a negative  4.2 per cent this year, sharper than IMF’s forecast of a negative three per cent growth.
2023-01-18
Ceylon Today
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Independence Day celebrations to cost Rs. 200 mn
The Ministry of Home Affairs said on Thursday that the 75th Independence Day celebrations would cost 200 million rupees. State Minister Ashok Priyantha said that initially Rs 570 million had been allocated for the event.
2023-01-18
The Island
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Excise Duty on Liquor, Wine, Beer and Fags up by 20%
Prices for cigarettes will rise, with brands increasing from Rs.85 to Rs.100, Rs.90 to Rs.105, Rs.70 to Rs.80, Rs.60 to Rs.70, and Rs.15 to Rs.24 per stick.
2023-01-11
Daily Mirror
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Sri Lanka’s economy expected to register 8-pct contraction in 2022; gradual recovery from 2H2023: CBSL
Sri Lanka’s economy is projected to register a real contraction of around 8.0 percent in 2022 and a gradual recovery from the second half of 2023, the Central Bank said. Releasing the outlook for the economy for 2023, the Monetary Board of the Central Bank said that the headline inflation i...
2023-01-11
LBO
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